TEMPO.CO, Jakarta - State-owned oil and gas firm Pertamina has officially taken over the working area (WK) management of the Ogan Komering oil and gas block as per May 20. This is a follow-up of the signing of a production sharing contract (PSC) between the government and Pertamina on April 20, 2018.
After the signing, Pertamina will operate Ogan Komering and Tuban work areas through its subsidiary, Pertamina Hulu Energi (PHE). The PSCs for both work areas will use the gross-split scheme.
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"The handover of Tuban and Ogan Komering is part of the company's strategy to secure the national oil and gas production supply," of PHE president director R. Gunung Sardjono Hadi said in a written statement Tempo received Monday, May 21.
Until late 2017, the Joint Operating Body Pertamina-Jadestone Ogan Komering (JOB PJOK) produced 2,250 bpd of oil (gross) and 8.64 mmscfd (gross) of gas. This year, Ogan Komering is expected to give out 1,950 bpd of gross oil output and produce 8.21 mmscfd gas.
ZARA AMELIA
